Pepperstone
Title | Title |
---|---|
Year founded | 2010 |
Location | Australia |
Regulation | FCA (UK) and IC (UK) |
US Available | No |
Trading instruments | Currencies, Crypto, CFD, and Commodities |
Trading platforms | MetaTrader4, MetaTrader5 and cTrader |
Minimum deposit | $200 |
Deposit methods | Wire Transfer, Credit Cards, Paypal, Ewallet and Union Pay |
Base currencies | 9 |
Inactivity fee | No |
Withdrawal fee amount | $20 for banker transfer |
Max. Leverage | 1:500 |
Min. Spread | 0.0 pips excluding commission |
Currency pairs | 61 |
Demo account | Yes |
Social / Copy trading | Yes |
Automated trading | Yes |
Pepperstone is regulated by top-tier authorities that include the UK's Financial Conduct Authority and Investments Commission. Many instruments such as forex, commodities, CFDs, and cryptos are available to trade via the industry-standard Metatrader 4® and 5® platforms. The company has two types of accounts for traders i.e., a standard for beginners or swing traders and a razor that provides the best spreads and low commissions per trade. Test out their services using paper money after which you can choose to start live trading with Pepperstone via a minimum deposit of $200. Visa/Master card, POLi, Bank transfer, BPay, PayPal, Neteller, Skrill, and Union Pay are among the many options to fund your account.
Non-EU and Australian clients are charged a bank fee of $20 on withdrawals, which may take three to five business days to arrive. Pepperstone provides the leverage according to your trading experience, with retail traders limited to 1:20 whereas professionals can get up to 1:500. Customer support is available through telephone, mail, and form entry for regular clients. For those who trade with higher volumes, priority services are offered consisting of excellent customer care, the best rebates, invites to premium events, market insights, and quality trading tools. Pepperstone copy trade works with the all-time famous Forex Copier.
Pros
- No deposit and withdrawal fee
- Regulated by top tier authorities
- cTrader is available for traders
- Good leverage to trader cryptos
- Best website interface
- Healthy rebates
Cons
- A limited number of instruments
- No US clients allowed
- No negative balance protection in volatile events
About Forex Copier
Forex Copier software can be used to diversify your brokers. The auto trade copier has two different versions to meet all your copy trading needs:
- Forex Copier 3 copies all your trades on the same PC/VPS
- Forex Copier Remote 2 that copies all your executions remote from one PC/VPS to another
The following features can be beneficial:
- Adjusting Symbol Name feature (in case you use terminals from different brokers)
- Automatic stop loss adjustments
- Price adjustments
- Lot/risk management
- Emergency stop
- Order filtering
- Event sounds